This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react.
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SP500 day 02:41. Look at Wednesday bar, second from the right. The day opened above Tuesday high which was the close and closed below Tuesday's low. This is a key reversal as far as I understand. Lots of discussions in the literature about this. If it is a key reversal the high in the uptrend has been seen. If the high has been seen a bear market has started which means a WARNING